Tesla’s first quarter earnings report released on Monday showed that the company sold off 10 per cent of its Bitcoin holdings. It made $272m in proceeds and $101m in profit from Bitcoin.
The car maker made more money from Bitcoin than car sales. Tesla’s profits hit $438m with nearly a quarter of that earning coming in Bitcoin sale.- "punch"
We have already talked about this in this post, I hope it will be useful for you:
https://bitcointalk.org/index.php?topic=5333481.msg56879463#msg56879463It was exciting for me personally that a big company like Tesla entered the world of bitcoin, but after the sale of bitcoin by this company, I came to the interesting point that this company and most large companies are only looking for personal profit from bitcoin and what if we did not return to the previous trend after selling this volume of bitcoins?